Milo

@mrroflwaffles

53 Following

137 Followers

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roll call! raise your hand if you're excited to see the gaming activations coming during Onchain Summer 👀 🙋‍♂️🙋‍♀️🙋

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June has arrived. Launching a questing system this month, helping finalise tokenomics for late summer TGE, chatting with several T1 and T2 esports teams, finishing up strategic round allocation, finalising deals with all the top web3 games with playable builds rn. Exciting times ⚡️

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web3 has a HUGE problem with exchanges requiring specific metrics from projects which actively go against the best interests of the project and its community will thread on this another day but for now, this post from sam is great: https://twitter.com/samsteffanina/status/1790406475896308183?t=yCbHJ9wsuIHeixNMUZo3YA

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in short: - low float, high FDV, fake social metrics has been meta - these create down-only PA & sentiment post TGE - projects will literally die because of this - CT knows that high float, realistic FDV meta is needed - but exchanges will not allow that meta to begin bc they profit from the chaos of low float high FDV

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web3 has a HUGE problem with exchanges requiring specific metrics from projects which actively go against the best interests of the project and its community will thread on this another day but for now, this post from sam is great: https://twitter.com/samsteffanina/status/1790406475896308183?t=yCbHJ9wsuIHeixNMUZo3YA

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another week in the space, another million learnings about how the circus works behind the scenes. excited to get some of this stuff out into the open in the next few months 🙂‍↕️

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I'm just here for the vibes! 40 $degen :)

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Thinking about this more today. Teams want "high value" holders for their tokens, i.e: - long hold bias - able to spread word - contribute to community somehow - aligned w/ project genre Farcaster lets projects make novel groupings of wallets based on *wallet owners' interests* to capture these more easily 1/3 👇

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In the meantime, I'll be keeping an eye to see if I can connect via airdrop groups of like-minded users from Farcaster with projects who are building w/ those exact users in mind. It's a win-win for both so v excited to make some waves here. If you think this/your channel "deserves" an airdrop..... let's chat 💪

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"high quality" in the terms which projects looking to airdrop those users will be very tempted by. This isn't happening *much* yet, but it's close on the horizon - so expect channels to start using their community "vibe" as a negotiating tool to land financial partnerships, just as NFT and token communities do.

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As it stands, the Pudgy Penguin community (for example) has made a case for itself that they're made up of high quality users. Their community has essentially marketed that idea. I think there's a world where entire Farcaster channels start making similar claims, to present themselves as groups which are (cont)

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Second, it might be that /replyguys doesn't fit the "target user criteria" well enough, but another channel users might. Eg project is sports related, so /sports fits better. How we decide who is a best fit is a whole discussion unto itself - which leads nicely to my next point.

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So there are a few outcomes here. First, I could conceivably convince some teams I advise to airdrop to specific channels like /replyguys if I was able to make a good enough argument that the folks here are "high value" (see cast 1) This already happens with e.g Penguins / Parallel Avatars getting token airdrop allo.

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Currently, projects create airdrop criteria to try & define their desired holders, based crudely on slices of their onchain activity. It's an imperfect, leaky system. But with Farcaster, if you airdrop to a specific interest group (eg /gambling), you're surely signif. more likely to capture the type of user you seek..

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Thinking about this more today. Teams want "high value" holders for their tokens, i.e: - long hold bias - able to spread word - contribute to community somehow - aligned w/ project genre Farcaster lets projects make novel groupings of wallets based on *wallet owners' interests* to capture these more easily 1/3 👇

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interesting - so checking that this channel is their "home" so to speak. neat idea!

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we can only hope :,) 50 $degen

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I feel like buying degen and sending it to a single user would be like just sending someone ETH - but wonder if there's a parallel to the example here where with FT insrt bought and held FT keys, but with Farcaster they could buy... something for a whole channel of users potentially? Any ideas here?

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right here with ya; roundtripped $500 -> 150k -> 1k last month I'm a genius fr 🥲

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would need to probably limit the total number of accounts airdropped to 1000-2000 at first so I figured picking a "high value" community like /replyguys could be a good way to do a large chunk of that filtering

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